Texas' incoming attorney general vows to thoroughly investigate the Tesla-SpaceX merger case
2026-11-13 21:19:06
According to CoinMeta, Texas' incoming attorney general, Nathan Johnson, vows to conduct a thorough review of any potential merger between Elon Musk's SpaceX and Tesla. He warns that excessive corporate concentration poses dangers, stating that "any merger of this scale deserves extremely rigorous scrutiny." Johnson pointed out that Musk has concentrated a large portion of his business empire in Texas in order to seek a more favorable regulatory environment and spent hundreds of millions of dollars supporting the Republican Party in Texas and across the United States during the midterms. Texas Democrats have vowed to limit Musk's power, and Johnson said, "I will review his relationship with this state without any reservations."
Source:Jin10 Data
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